It Can Happen Here: The Confiscation Scheme Planned For U.S. And U.K. Depositors

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22. The very same banksters who crashed the world economy remain at their desks, don’t they?

No one has been held accountable for their actions. Our government won’t lay a hand on anyone of stature or importance in that industry. They can launder money for drug cartels and terrorist organizations and our government will only impose negligible fines.

Given that the industry functions the same as it did prior to the financial crisis of 2008, with the very same crooks in place who can act with impunity, how likely do you suppose it is that they will again lead their organizations and the industry to another crisis point?

I consider it quite likely. Nothing was learned and nothing has changed.

And when the next crisis arrives, what assurances do I have that the rules won’t change? Am I expected to believe that unlike the Cypriots, I won’t ever retire one Friday night to awaken on Saturday morning to learn the banks were closed and the rules were changed?

Depositors in Cyprus never expected a day when their deposits could be exchanged for bonds in failed banks, just as Americans don’t expect such a situation. Yet it happened.

I know how our system is supposed to function and it shall right up to the day when those in the industry and our government determine a reason to change the rules and I doubt they would change in my favor.

The government will again do everything possible to protect the banksters at our expense.